UK subsea industry body Subsea UK is working with Scottish Enterprise to promote research and development projects between Japan and Scotland, aimed at solving complex subsea challenges, particularly through use of digital technologies. The…
Weatherford International and Intel Corp. will collaborate to bring the Internet of Things (IoT) technologies to the oil field. Colin Tait, director of information technology at Weatherford, stood alongside Jonathan Ballon, vice president…
Sean Halpin, of Liquid Robotics, shares the benefits awaiting the offshore oil and gas industry if it could only speed up implementation of digital oilfield technologies. Wave Glider tow cable/towbody…
Halliburton is entering into a strategic alliance with Microsoft to drive digital transformation across the oil and gas industry. The relationship will combine the expertise of a global leader in cloud and digital transformation with a global leader in exploration and production (E&P) science…
GE Oil & Gas and Baker Hughes today (3 July) completed their planned merger, which will create an entity that offers GE’s digital solutions and Baker Hughes domain expertise as oilfield services provider. Source…
Baker Hughes and General Electric Co. (GE) have announced the executive team that will lead Baker Hughes, a GE Company upon closing of their proposed transaction to combine GE’s Oil & Gas business with Baker Hughes. The combined executive team will be as follows: Lorenzo Simonelli…
Johan Sverdrup is the largest ongoing project in the North Sea. Elaine Maslin looks at Statoil’s progress, cost reduction and technology use on the development. How it will look: Johan Svedrup…
Tendeka has launched PulseEight, its latest advance in wireless intelligent completion technology for the digital oilfield. Tendeka’s PulseEight system uses unique pressure pulse telemetry to channel wireless communication between a well’s…
Houston-based Flotek Industries and IBM have agreed to develop a cognitive reservoir performance system for the oil and gas industry. The new system uses IBM Watson Explorer technology to analyze Flotek’s proprietary oilfield chemistry research…
Intelligent energy still means quite a lot of different things to different people, including the extent of its role in the oil and gas business. Elaine Maslin reports. In the spotlight at SPE Intelligent Energy: Judson Jacobs…
GE and Baker Hughes are teaming up to form the “new” Baker Hughes, a company that will be led by current GE Oil & Gas CEO Lorenzo Simonelli and have dual headquarters in Houston and London. Image of Simonelli…
Could we on the verge of embracing the industry 2.0 era? Intelligent energy, or the digital oilfield, is set to be discussed in Aberdeen next month. We take a dip into the debate. Image from iStock…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
Improved visibility and predictive maintenance can help keep operations running, says Rockwell Automation’s Luis Gamboa. Image from iStock. Minimizing downtime is a goal for every offshore oil and gas operation…
An aversion to risk, the race to be second, impairs the oil and gas industry’s ability to innovate. Yet, the oil price slump, from mid-2014 to today, has been a “brutal wake-up call,” creating a realization that working smarter in a…